Total Debt (Carrying Amount)
Based on: 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31), 10-K (reporting date: 2018-05-31).
Debt item | Description | The company |
---|---|---|
Total short-term borrowings and long-term debt (carrying amount) | Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. | Nike Inc. total debt increased from 2021 to 2022 but then decreased significantly from 2022 to 2023. |
Total Debt (Fair Value)
May 31, 2023 | |
---|---|
Selected Financial Data (US$ in millions) | |
Notes payable | 6) |
Long-term debt, including current portion | 7,889) |
Total short-term borrowings and long-term debt (fair value) | 7,895) |
Financial Ratio | |
Debt, fair value to carrying amount ratio | 0.88 |
Based on: 10-K (reporting date: 2023-05-31).
Weighted-average Interest Rate on Debt
Weighted average interest rate on debt: 3.05%
Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
---|---|---|---|
2.40% | 998) | 24) | |
2.38% | 997) | 24) | |
2.75% | 997) | 27) | |
2.85% | 1,492) | 43) | |
3.25% | 987) | 32) | |
3.63% | 496) | 18) | |
3.88% | 986) | 38) | |
3.38% | 492) | 17) | |
3.38% | 1,482) | 50) | |
Total | 8,927) | 273) | |
3.05% |
Based on: 10-K (reporting date: 2023-05-31).
1 US$ in millions
2 Weighted-average interest rate = 100 × 273 ÷ 8,927 = 3.05%